How is Zakat calculated on bank investment certificates in Egypt?

If the investor relies on returns for living costs, a 10% rate on income upon receipt is permissible; otherwise, 2.5% is assessed on principal plus accumulated interest after one full lunar year.

EgyptUpdated for 2026Finance

Egypt Zakat on Wealth & Gold Nisab Calculator 2026 (Dar Al-Ifta)

Calculate statutory Islamic Zakat (2.5%) on cash, bank deposits, and commercial trade inventory in Egypt based on Egyptian Dar Al-Ifta's official Nisab of 85 grams of 21K gold.

Wealth & Estates Savings & Deposits Tax-Free Allowances

Calculated Result

Total Zakat Payable (2.5%)

11,250EGP

Calculator Inputs

Current 21K Gold Gram Price in Egypt (No Workmanship)

EGP/g

Cash on Hand, Bank Savings & Certificates

EGP

Commercial Trade Inventory (Current Wholesale Value)

EGP

Good Debts Owed to You (Expected Collectible)

EGP

Immediate Debts Due to Others (Liabilities)

EGP

Total Zakat Payable (2.5%)

11,250EGP

Net Zakatable Wealth Pool

450,000 EGP

Nisab Threshold (85g 21K Gold)

327,250 EGP

Gross Assets Before Liabilities

450,000 EGP

Your wealth has attained the statutory Nisab threshold of 85g 21K gold; Zakat is obligatory upon completion of the lunar year.

Wealth Pool vs Nisab Threshold

Net Zakatable Pool

450,000 EGP(57%)

Nisab Threshold (85g 21K Gold)

327,250 EGP(42%)

Zakat Due

11,250 EGP(1%)

Zakat becomes obligatory when net wealth reaches the Nisab threshold, is held for one complete Lunar Hijri year (Hawl), and is surplus to basic living essentials and active debts.

This calculator is a mathematical model for general financial estimation, planning, and educational guidance. Results depend on your inputs and standard formulas, and do not constitute binding financial, tax, or investment advice. Always consult a qualified professional before making financial decisions.

Official Statute: الفتاوى المعتمدة الصادرة عن دار الإفتاء المصرية ومجمع البحوث الإسلامية بالأزهر الشريف لتقدير نصاب زكاة المال لعام 2026Last Verified: 2026-09-04

Calculation Methodology

Nisab = 85 grams * current 21K gold gram market price. If net wealth (liquid cash + inventory + receivables - immediate liabilities) >= Nisab, 2.5% (one fortieth) is due.

Frequently Asked Questions

Egyptian Dar Al-Ifta and Al-Azhar Islamic Research Academy officially designate 85 grams of 21K gold as the contemporary standard because 21-karat is Egypt's predominant retail gold standard.